Ownership

Doughty Hanson & Co., one of the largest independent private equity firms in Europe, is the majority shareholder of Impress.

Impress was formed by the merger of the metal packaging businesses formerly owned by Pechiney (France) and Schmalbach-Lubeca (Germany). The transaction was developed and arranged by Doughty Hanson and Co. and was completed in May 1997. In addition to equity from Doughty Hanson the transaction was funded by financing from a syndicate of international banks.

Doughty Hanson injected significant additional capital in 2000 in order to finance the acquisition of Ferembal (France) and the US canmaking operations of H.J.Heinz StarKist. In 2006 a €1 billion Refinancing of the Company was completed, part of which was used to repay funds drawn down to finance the acquisition of the European aerosol and food can operations of US Can. Funds managed by Doughty Hanson & Co. continue to be the majority shareholder of Impress.